Credit Insurance cover available in “fantastically corrupt” countries…

Following on from David Cameron’s sweeping statement about the “fantastically corrupt” countries of Nigeria and Afghanistan, CMR is pleased to announce that only this week we have managed to secure credit insurance cover on a Nigerian company for one of our clients. It would appear credit insurance companies obviously do not agree with this generalised statement as they are willing to cover Nigerian businesses on open account terms.

Credit [Insurance] has to go to Leicester City FC

A truly incredible feat has been achieved by Leicester City FC and their fans, including our Sales Director, Neal Matley, are quite rightly ecstatic with all their efforts coming to fruition and the premier league title being won.

Credit Insurers don’t always get it right!

Credit insurers pay out millions of pounds in claims on companies that they believed were solid risks but weren’t…everyone makes mistakes – even the experts!

Credit Insurance gives you the POWA to go from 0 to 90…

Further to our blog about POWA Technologies, we have learnt what Deloitte, the appointed administrators were able to extract from the company for the unsecured creditors…nothing! Following the administrator’s report POWA only had £277k in their bank meaning the likelihood of being able to pay their unsecured creditors a dividend would be extremely low after paying staff, rent, overheads and the administrator.

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